I was reading my ESPN the magazine and I ran across a segment by the Chicago outplacement firm Challenger, Gray & Christmas. They did a little segment that many people in the cubicle world has heard that March Madness results in billions of lost productivity.
I hear this all the time and that the first week when people are making their brackets and when they are busted up in round one is where so much time is lost. Then the attention tends to die down but the damage has been done. Millions of hours gone to the love of March Madness.
See, Challenger Gray Christmas can put a dollar value not by using polls but by gathering statistics on productivity, average salaries, and an estimate of time to come up with a guess. It's not exactly rocket science but this is a general snippet of what was lost in a week.
$6.3 billion – General Injuries
$2.3 billion – Facebook
$1.9 billion – Smoking
$1.8 billion – First Week of March Madness
$1.1 billion – Diabetes
$1.1 billion – Obesity
$845 million – Super Bowl Week
$615 million – Fantasy Football
I love how one week of March Madness is more than entire season of Fantasy Football (my favorite time waster).
Challenger Gray & Christmas pretty much sums it up that March Madness does it damage which can be avoidable but there is a silver lining. March Madness, Super Bowl Week, and Fantasy Football aren't all entirely bad like smoking and obesity. See, team sports in the work place brings people together. Smokes in Texas are generally outcast to smoke outside in some small area like lepers.
How is your business doing with productivity. If Facebook is ranked number 2 in time wasted are you doing things counterproductive to your bottom line? Are you spending time in places that aren't giving you a return on investment on time and money?
I'm not saying Facebook is a waste of time but by the way people approach it so many are just shooting themselves in the foot. If your in business to make money are you being efficient at it? Or is your business like a never ending first week of March Madness where your not productive at all.
Spending leisurely time to yourself isn't bad but if it cuts into your daily output on a consistent basis how can you expect to break out? Then you wonder why your not generating MLM Leads and never got a handle on on traffic generation. Your MLM Opportunity will not sell itself no matter what they tell you. Your in the business of sales, remember that.
It's 2 phases. Learning then Applying.
If your constantly distracted how are you going to have time to learn let along apply what you learn. This is why people hire success coaches. It's not that you are not capable of succeeding but at time it's as basic as time and resource management.
If you are not learning from other internet marketers how can you expect to make it? It's hard enough to implement but if your trying to do it all by yourself it just makes it exponentially harder. Don't reinvent the wheel, just make it incrementally better.
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Engineering Your Success,
Lawrence Tam
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